As of September 2026, Nila Spaces Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Nila Spaces Ltd. Stock Analysis 542231.BO
India Real Estate Micro Cap
Nila Spaces Ltd. engages in the provision of construction and real estate development services. The company is headquartered in Ahmedabad, Gujarat and currently employs 17 full-time employees. The company went IPO on 2018-12-28. The firm is engaged in the development of real estate comprising residential and commercial projects. The firm operates through the construction and development of buildings for sale, and in the other real estate activities segment. Its primary area of operations includes construction and development of projects for sale and providing end-to-end services in the real estate industry. The firm has acquired development rights of a 5.61 lakh sq ft built-up area at GIFT City, Gandhinagar for development and sale to a residential project. The company is developing a luxurious residential scheme, VIDA, in GIFT City. GIFT City is planned on 886 acres of land with 6.2 crore sq. ft. of BUA, which includes office spaces, residential apartments, schools, hospitals, hotels, clubs, retail and various recreational facilities. The company has also developed the structure of a co-working office complex in GIFT City SEZ area in collaboration.
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Financial Metrics & Statements of Nila Spaces Ltd (542231.BO)
FAQ's for Nila Spaces Ltd (542231.BO)
As of September 2026, Nila Spaces Ltd 542231.BO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Nila Spaces Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Nila Spaces Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Nila Spaces Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Nila Spaces Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Nila Spaces Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Nila Spaces Ltd (542231.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.